A U.S. senator has proposed selling gold reserves to create a strategic bitcoin reserve, a revolutionary move to bolster the dollar and tackle U.S. national debt. Selling Gold for Bitcoin: US Senator’s Game-Changing Proposal U.S. Senator Cynthia Lummis (R-WY) shared insights during a Thursday interview with CNBC as bitcoin reached a historic peak. She attributed […]
The illustrator behind the viral “Chill Guy” meme is warning CHILLGUY holders that he plans to take legal action against the Solana (SOL)-based memecoin over copyright issues. According to a new Decrypt report, Chill Guy creator Phillip Banks recently took to the social media platform X to threaten legal action against unauthorized, for-profit uses of […]
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Ethereum (ETH), the second-largest cryptocurrency by market capitalization, is currently experiencing a phase of neutrality in its market activity. According to a CryptoQuant analyst known as Darkfost, Ethereum’s netflow on Binance has reached a balanced state, with deposits and withdrawals stabilizing. So, what does this mean for ETH? A Signal To Buy Or Sell? According […]
MicroStrategy saw more trading volumes than the US spot Bitcoin ETFs combined as its shares tanked over 25% on Nov. 21.
With many altcoins showing promise, savvy investors are on the lookout for the next big opportunity this November. Among the myriad of options available, Dogs (DOGS), Pepe (PEPE), WallitIQ (WLTQ), and Bonk (BONK) stand out. Each of these tokens offers unique features and potential for growth, making them must-haves for your portfolio before the month […]
As someone who has used Microsoft products my whole life, it pains me to see they are fumbling the bag on Bitcoin. The company’s $78 billion in cash reserves are losing value daily. Meanwhile, they stubbornly refuse to follow MicroStrategy’s proven winning strategy — convert those melting dollars to scarce Bitcoin! Microsoft announced a couple of […]
Eyes are on LTC price as Litecoin network thrives
TL;DR Bitcoin reached a new all-time high, surpassing $98,000, positioning Satoshi Nakamoto as the 18th richest person in the world. The rise in Bitcoin’s price has increased the value of Satoshi’s holdings, which are estimated to be around 1.1 million BTC, surpassing $107 billion. Satoshi Nakamoto’s identity remains a mystery, and none of the cryptocurrencies […]
Cryptocurrency analyst and trader Michaël van de Poppe is leaning bullish on one top-50 altcoin by market cap while offering his insight on Bitcoin (BTC) and Ethereum (ETH). Starting with Stacks (STX), Van de Poppe tells his 738,800 followers on the social media platform X that the native token of the Bitcoin layer-2 project could […]
The co-founders of market intelligence platform Glassnode say that once Bitcoin (BTC) hits the $100,000 milestone, investors could start taking profits. In a new thread, Glassnode founders Jan Happel and Yann Allemann – who go by the handle “Negentropic” – tell their 63,200 subscribers on the social media platform X that the crypto king could […]
Palo Alto, California, November 21st, 2024, Chainwire Integration to enhance DeFi use cases on Aptos, expand interoperability, and streamline global payment solutions for merchants. Aptos Foundation today announced the upcoming integration of Circle’s native USDC and Cross-Chain Transfer Protocol (CCTP) on the Aptos Network, as well as Stripe adding support for Aptos in its crypto […]
Options trading on the iShares Bitcoin Trust ETF has started on Nasdaq, marking a new phase in crypto market development. Alex Thorn from Galaxy Digital suggests that options trading will reduce Bitcoin’s volatility and increase its investor base. The first day’s trading showed a strong preference for call options, indicating optimism about Bitcoin’s price rise. […]
A Southern District of New York Bankruptcy Judge has approved Celsius Network’s request to serve legal notices via non-fungible token (NFT) airdrops. Celsius, currently undergoing insolvency proceedings, seeks to recover funds from allegedly fraudulent transfers to unidentified digital wallets. Alternative Solution Following its bankruptcy, the company sued to void the fraudulent transfers and recover additional […]
We are pleased to share that Kraken’s Canadian operation has surpassed $2 billion CAD of client assets and cash under custody. “Reaching the $2 billion milestone is testament to our ongoing effort to provide Canadians with a superior crypto trading experience,” said Alex Mehrdad, Kraken Canada General Manager. “As we’ve doubled in size within Canada, […]
The US Securities and Exchange Commission has confirmed the looming departure of its Chair Gary Gensler, set for January 20, 2025, interestingly coinciding with President-elect Donald Trump’s inauguration. On his campaign trail, Trump promised the crypto community to fire Gensler, who was known for his stringent stance on the sector’s regulations. Gensler’s tenure, which began […]
On the heels of Coinbase revealing that Coinbase Wallet users holding USDC can now earn a 4.7% annual percentage yield (APY), Arthur Hayes hopped on social media to highlight the appeal of USDE’s much higher 29% APY. Hayes Mocks Coinbase’s Conservative Stablecoin Reward Approach This week, Coinbase, the San Francisco-based exchange, revealed a new perk […]
Partner Steven Rees Davies, counsel Charissa Ball and associate Alexandra Fox have authored the Bermuda chapter of Global Legal Insight's sixth…
Bitcoin has shattered records again, reaching a new all-time high of $97,903 just hours ago. The cryptocurrency market is exciting as Bitcoin leads the charge, delivering explosive gains that have fueled widespread bullish sentiment. Investors and traders alike speculate this rally is far from over, with Bitcoin edging closer to the monumental $100,000 mark. Key […]
The crypto industry’s recent legal wins include the CFPB excluding crypto wallets from oversight and Gary Gensler’s planned resignation.
Options on investment titan BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) debuted on the Nasdaq on Wednesday. In a post on social media platform X, Bloomberg Intelligence ETF analyst James Seyffart says options on BlackRock’s iShares Bitcoin Trust ETF (IBIT) saw nearly $1.9 billion in notional exposure on day one of trading. Option contracts give […]
It’s been a good week for Bitcoin and its status in the eyes of federal deposit insurance corporations. (Well, there’s a weird sentence I never thought I’d write.) On Tuesday, the anti-crypto U.S. Federal Deposit Insurance Corporation (FDIC) Chairman, Martin Gruenberg, announced he’d be stepping down in January. And yesterday, Heritage Falodun, CEO of DigiOats, […]
Cardano (ADA), 10th largest cryptocurrency, reaches price levels unseen since Terra/Luna collapse
As Bitcoin’s price increased to a new high, most large-cap altcoins are relatively down today, including Binance Coin, which suspended bullish to sideways for the past week. It just dropped and now heads for $600. This month’s rally in BNB’s price was remarkable following a successful break out of a key resistance level after months […]
We’re thrilled to announce that the stablecoins Quantoz EURQ ($EURQ) and Quantoz USDQ ($USDQ) are now available for trading on Kraken! Funding and trading Trading for $EURQ and $USDQ is live as of 14:00 PM UTC November 21, 2024. To add an asset to your Kraken account, navigate to Funding, select the asset you’re after, […]
Kraken’s Canadian operations have reported surpassing $2 billion CAD in client assets and cash under custody. According to the company, it reflects growth in the platform’s local user base amid efforts to expand knowledge of cryptocurrency in Canada. Canadian Crypto Awareness Slowly Improves “Reaching the $2 billion milestone is testament to our ongoing effort to […]
TL;DR MARA Holdings has completed a $1 billion debt offering with zero-interest convertible senior notes, maturing in 2030. The company will allocate approximately $980 million of the raised funds to acquire more Bitcoin and repurchase 2026 convertible notes. The issued notes have an initial conversion rate of $25.91 per share, and holders can require the […]
Abu Dhabi, UAE, November 21st, 2024, Chainwire Coinshift, a prominent name in onchain treasury management, has launched csUSDL: a liquid lending token (LLT) designed to optimize reward opportunities, security, and transparency for both individual and institutional investors. The announcement follows the release of the new Coinshift Business, which integrates payments and accounting services offered at […]
SEC postpones decision on Franklin Templeton’s crypto ETF to January 2025 amid potential for leadership changes and multiple lawsuits. The proposed EZPZ ETF, managed by Coinbase Custody, targets digital assets like BTC and ETH, and possibly additional cryptocurrencies. In contrast to US regulatory challenges, a Shanghai judge’s opinion clarifies personal cryptocurrency ownership, contrasting with strict […]
Bitcoin consistently achieves new all-time highs, with XRP and ADA as the top gainers among the leading ten cryptocurrencies by market cap. XRP regains sixth place in market cap after being temporarily overtaken by Dogecoin, now with a total value of US$63.2 billion; ADA stands at US$28.4 billion. XRP enjoys a price boost to US$1.11 […]
On Thursday, bitcoin (BTC) hit $98,367 per coin before sliding to $96,524. That same day, a dormant whale from 2016 stirred after eight years, spending a hefty 500 BTC, now valued at $48.26 million. Long-Term Holders Come out of the Woodwork Long-term holders (LTHs) are stepping into the spotlight as bitcoin’s price ascends. Glassnode’s latest […]
ED officials have been raiding Gaurav Mehta's residence in Raipur for over 24 hours in connection with a cryptocurrency scam.